Migrant remittance inflows in Zimbabwe

Zimbabwe: Migrant remittance inflows was 43.69 million current US$ in 1994. ◆ Volatile

Latest (1994)
43.69 million current US$
Change on year
up 3,780.4%
World rank
35th
of 50 countries
All-time high
43.69 million current US$
in 1994
All-time low
349,842 current US$
in 1991
Years of data
18
1977–1994

Migrant remittance inflows in Zimbabwe, 1977–1994

010.0M20.0M30.0M40.0M1977198519941977: 17.6M current US$1978: 12.9M current US$1979: 19.4M current US$1980: 16.9M current US$1981: 28.3M current US$1982: 32.9M current US$1983: 19.6M current US$1984: 3.8M current US$1985: 619.6k current US$1986: 785.1k current US$1987: 1.1M current US$1988: 1.4M current US$1989: 712.2k current US$1990: 848.6k current US$1991: 349.8k current US$1992: 587.7k current US$1993: 1.1M current US$1994: 43.7M current US$

Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.

Analysis

In 1994, migrant remittance inflows in Zimbabwe stood at 43.69 million current US$. That is the highest value across all 18 years on record.

Compared with earlier readings it is up 3,780.4% on the previous year and up 1,047.7% over ten years.

Over the whole period, migrant remittance inflows in Zimbabwe peaked at 43.69 million current US$ in 1994 and was at its lowest, 349,842 current US$, in 1991.

Zimbabwe ranks 35th of 50 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 16.65 million current US$ 12.89 million current US$ 19.40 million current US$ 3
1980s 10.61 million current US$ 619,641 current US$ 32.90 million current US$ 10
1990s 9.32 million current US$ 349,842 current US$ 43.69 million current US$ 5

Countries ranked near Zimbabwe

  1. 32 Zambia 46.30 million current US$ compare
  2. 33 Guinea-Bissau 45.89 million current US$ compare
  3. 34 Burundi 45.46 million current US$ compare
  4. 36 Djibouti 32.36 million current US$ compare
  5. 37 Seychelles 25.51 million current US$ compare
  6. 38 Somalia 21.70 million current US$ compare

See the full ranking of 56 places →

More trade data for Zimbabwe

All data for Zimbabwe →

Frequently asked questions

What is migrant remittance inflows in Zimbabwe?
Migrant remittance inflows in Zimbabwe was 43.69 million current US$ in 1994, according to World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008.
What is the highest migrant remittance inflows recorded in Zimbabwe?
The highest recorded value was 43.69 million current US$ in 1994.
What is the lowest migrant remittance inflows recorded in Zimbabwe?
The lowest recorded value was 349,842 current US$ in 1991.
How does Zimbabwe rank for migrant remittance inflows?
Zimbabwe ranks 35th out of 50 countries with data for 1994.
Is migrant remittance inflows rising or falling in Zimbabwe?
Over the last ten years it is up 1,047.7%. The long-run trend across the full record is volatile.
Where does this Zimbabwe data come from?
The figures come from World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, published as part of Migrant remittance inflows (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Migrant remittance inflows (current US$)
Unit
current US$
Source
World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
56 places, 1,426 data points, 1970–2011
Last refreshed

Migrants’ remittances are defined as the sum of worker’s remittances,